Wednesday 30 December 2015

Fun Facts - Gold



Gold is often considered serious business. One always looks at it from the perspective of investment, bullion and as a commodity whose price fluctuations are constantly monitored. But there are some lesser known and interesting facts about this glistening metal. The Jewel Affair pens down a few of these exciting facts for its readers.
 

1.    Arthritis is a common problem nowadays but it has a unique treatment wherein our good old gold is chemically liquified and injected into the muscles of thousands of rheumatoid arthritis victims in the U.S., and it is said that the treatment is successful in seven out of ten cases.
 
LIQUID GOLD

2.     We all know  about the physical properties of gold and one of its most important property is that it is malleable, which means it can be hammered into sheets. But did you know that it can be hammered into sheets so thin that an inch high pile of gold sheets would contain more than 2,00,000 separate sheets.
 
GOLD SHEETS

3.    Ever heard of a gold vending machine? Yes, its surprising but true! The world’s first gold vending machine was installed in Abu Dhabi in the year 2010. It has been placed in hotel Emirates Palace and it dispenses 320 items made of gold including bars and coins. The machine is itself covered in 24K gold.
 
GOLD VENDING MACHINE

4.    Gold nugget is a single big chunk of gold which is unearthed in the mining process. The "Welcome Stranger," the largest gold nugget ever recorded, was found in Victoria, Australia, in 1869. It weighed 78 kilograms (about 172 pounds). When it was melted down, it produced 71 kilograms (156 pounds) of pure gold.
 
WELCOME STRANGER

5.    India is the biggest consumer of gold and recently it regained its top position from China as the biggest overall consumer of gold in the first nine months this year with a total consumption of 642 tonnes, a survey said. Wonder why is our country called poor?

6.    In every cubic mile of sea water there is 25 tons of gold! That’s a total of about 10 billion tons of gold in the oceans; however, there’s no known way to economically recover it.

7.    Nearly all of the gold on Earth came from meteorites that bombarded the planet over 4 billion years ago for over 200 million years. That’s a lot of gold!

8.    Numbers show the world pours more steel in one hour than it has poured gold since the beginning of recorded history. If we think about it the reverse, compare all that steel to the total amount of gold we’ve mined since its discovery, and the gold would only fill up roughly three Olympic-sized swimming pools.

9.    Gold isn’t just for jewellery and pretty clothes. Gold is used in window glass and astronaut helmets to reflect infrared rays while allowing the sunlight to pass through and keeping it cool.
 
GOLD USED IN WINDOW GLASSES


10. Ayurveda also uses gold to treat various ailments like tuberculosis, stomach disorders, infertility and many more. Usually gold is used in the form of ash and is mixed with other herbs to create medicines.
 
GOLD USED IN AYURVEDA

Gold is an extremely versatile metal. Its not only meant for investment and adornment but for various other industrial and medical purposes. So lets look at the brighter side of gold and make it an integral part of our lives!

Monday 30 November 2015

The Engagement Rings




Love is precious and engagement is an exciting step towards marriage, that is filled with passion, happiness and excitement. This beautiful step is usually sealed with, what is known as a symbol of undying love- The Engagement Ring.
 
THE TRADITIONAL ENGAGEMENT RING

The concept of engagement ring dates back to the pre-historic times when braided grass was tied around the wrists, fingers and ankles of the chosen mate of pre-historic man.  In 2nd Century B.C, Pliny the Elder had written that, the groom gives the bride a gold ring to wear on their wedding and it signifies the marital bond. In many cultures similar practices were noted and gradually it became an important ritual.

In the recent times, an engagement is marked by a groom proposing to his chosen wife with a diamond ring, but surprisingly even this tradition is not new. In the year 1477, the Archduke Maximilian of Austria proposed marriage to Mary of Burgundy with a diamond ring.

MARY OF BURGUNDY AND THE PROPOSAL RING

 In 1870, a few British businessmen discovered the diamond mines in South Africa. They had absolute control over the mining operations and soon De Beers Consolidated Mines Ltd. was set up. Before the discovery of South African mines, diamonds were considered  extremely rare and supplies were irregular but later there was a surplus of diamonds in the market which led to fall in the price of the diamonds.  In 1930, to stabilise the position of diamonds and boost their prices, De Beers launched an ad campaign which helped in creating a very positive image of diamonds. This ad campaign gave birth to one of the most celebrated slogans in the diamond industry- “A diamond if forever.”

1952 DE BEERS AD PRINT

1955 DE BEERS AD PRINT

This one liner revolutionised the way diamonds were looked at. It created an image in which diamond would symbolise eternal love and commitment. From the year 1939-1979 the diamond giant, saw a whooping rise in the sales. The figure jumped from $ 23 million to $2.5 billion.
 
THE MOST FAMOUS DIAMOND AD CAMPAIGN

Over the years, many styles of the rings became famous, but the most preferred is the one with a round brilliant diamond, having 57/58 facets. Other styles include diamonds in a variety of shapes like princess cut, oval, emerald cut etc.

This ad campaign had a deep and long lasting effect on people around the world. It became the  language of romance and of concluding a courtship. The concept not only popularised in the west, but it slowly caught on to the east. It manifested into a global tradition.




Saturday 31 October 2015

The Darya-I-Noor



In gem trade, when the term pink diamonds is mentioned it immediately makes one think of Australian mines producing one of the most rare color of diamonds- pink! But, history has witnessed that one of the most exquisite pink gem ever unearthed came from the mines of India in Andhra Pradesh. This legendary diamond is known as the Darya-I-Noor.
The Jewel Affair attempts to put forward the story of this renowned gem,The Darya-I-Noor which literally means the sea of light!

 
REPLICA OF THE GREAT TABLE, THE DARYA-I-NOOR AND NOOR-UL-AIN


The Darya-I-Noor is the largest ever naturally pink color diamond which was discovered in the Golconda mines in Andhra Pradesh (India). The first ever account of this stone was given by Jean-Baptiste Tavernier in his book Travels in India in the year 1642. Darya-I-Noor has been referred to as the Great Table Diamond and the estimated weight suggested is 242 cts.  After this account there was no mention of this stone anywhere, it seemed to have disappeared. There are few suppositions as to what happened to this fabled diamond. According to a speculation the stone first belonged the first Mughal emperor of India and it eventually it came to Nadir Shah in the year 1739 when the Mughal empire was invaded. In the battle of Karnal, Nadir Shah easily defeated Mohammed Ali Shah and captured the capital. Famous jewels like Koh-I-Noor, the Darya-I-Noor and the Peacock Throne were surrendered by Mohammed Ali Shah, to Nadir Shah and gradually these gems and jewels found their way to Iran.

THE DARYA-I-NOOR

Couple of years later when Nadir Shah died, the gem passed on to his grandson and changed hands with many other owners including the Zend Dynasty.The stone in this period was observed by Sir Harford Jones Brydges, who was the envoy in the court of the Zend dynasty. The stone was sold to raise money for war against the The Dynasty of Kajars. He observed that it was a pale pink, huge table diamond which matched the findings of Tavernier. It was a speculation that Darya-I-Noor and the Great Table was one and the same. The only discrepancy was in terms of weight. According to Brydges it weighed approximately 176 carats.

Finally the war was won by the Kajars and the spectacular gem was taken over by them and in the year 1834, Fath Ali Shah had his name inscribed on the gem. Later the gem was acquired by Pahalvi Dynasty and was worn by Reza Shah in his coronation military hat. The stone was seen again in the year 1967 on a special occasion where gemologists from Canada were invited to study and certify the Crown Jewels of Iran. When the gemologists took a closer look at the Darya-I-Noor, they found that the stone had striking resemblance with the The Great Table. The only matter of concern was the weight. Later they arrived at a conclusion that may be the stone met with an accident and split into two pieces. Their assumptions found a ground when they discovered another pink diamond in the Iranian Crown Jewels, Noor-ul-Ain which weighs nearly 60 carats and exactly matches the color of the gem. The Noor-ul-Ain was set as a centerpiece in a tiara made by Harry Winston, for the wedding of the Empress of Iran, Farah Diba for her wedding.
NOOR-UL-AIN
EMPRESS FARAH DIBA

However when the weight of both the stones was put together it surpassed that of the Great Table. The gemologists started working to put this puzzle together and later arrived at a supposition that Tavernier’s findings were incorrect.


This stunning gem has had an extremely mysterious past but its beauty never fails to baffle the onlooker.  It not only has been a pride of the royalties but also been an example of classic and timeless splendor.

Wednesday 30 September 2015

Famous Diamonds of the World



Every magnificent diamond has its own story….
Story of extravaganza, royalty, loot, plunder, betrayal, romance and undying love. Diamonds which are counted among the most precious gifts of nature have witnessed it all and they clearly reflect our past. To possess them man has burried them, hidden them in their wounds or even swallowed it to safeguard them from their enemies. Diamonds have many mysterious stories associated with them. This post of The Jewel Affair attempts to bring to light these mysterious stories and the interesting past of four famous diamonds of the world.

THE CULLINAN I (STAR OF AFRICA): 530.20 CTS.
The Cullinan diamond was discovered in the Premier mines in the year 1905 in Kimberley, South Africa. De Beers carried out the mining in the region and the company was then headed by Sir Ernest Oppenheimer.
One afternoon the superintendent of the mine noticed a flash on one of the walls of the mine and thought it was glass. But later the tests confirmed it to be diamond. It was named after Sir Thomas Cullinan owned the mine. The diamond was then sold to the South African Republic (Transvaal government) who presented it to King Edward VII .
The rough was the biggest gem quality diamond ever unearthed and it weighed around 3,105 cts. The huge rough was cut by Asscher Diamond Company, into nine diamonds and were named as Cullinan I, Cullinan II and so on. Cullinan I was given the name of The Star of Africa which weighed 530.20 cts and Cullinan II weighed 317cts. and was named The star of Africa II. Both these famous diamonds are a part of the British Crown Jewels and exhibited in The Tower of London.
 
THE STAR OF AFRICA I

THE STAR OF AFRICA II

THE CENTENARY: 273.85 cts.
The Centenary diamond was discovered two years prior its official announcement at the De Beers centenary celebrations in the year 1988. The diamond was discovered in the Premier mines in South Africa and weighed 599 cts when excavated. The shape was quite irregular but the color was spectacular (GIA color grade –‘D’). The arduous job was handed over to Gabi Tolkowsky, who along with his two other master cutters took one year only to have the appropriate cutting environment which included their tools and other technical aspects. Firstly the stone was brought to a better shape and then they proposed thirteen designs to the De Beers board. Out of all designs they agreed to cut it into a modified heart shape. The Centenary made its first appearance in the year 1991 and had been insured for $ 100 million. The current location of the Centenary is unknown.
 
THE CENTENARY DIAMOND
THE ORLOV (ORLOFF): 189.62 CTS.
The Orlov diamond’s journey has been extremely enigmatic. There  is a speculation that the diamond is from the Golconda mines in Andhra Pradesh, and there are many accounts as to how it made its way finally to Moscow.    
The most famous account which relates to the Orlov states that it was set in one of the eye of Lord Ranganatha’s reclining idol (an avtar of Lord Vishnu), in Srirangam. A French soldier working in Pondicherry moved near Srirangam. When he heard about the fabled reclining idol with eyes of diamonds, he was filled with greed and he conspired to steal the diamonds.
It took him several years to get his plan into action as only Hindus had the access to the temple. He converted into a Hindu and became an ardent devotee of Lord Vishnu to win the confidence of the priests and gain access to the inner areas of the temple.
On one of the monsoon nights he finally proceeded with his plot and  pulled out one eye. He could not manage to pull out the other one as waves of fear lashed over him and he ran for his life. He then sold the diamond to an English sea captain for a hefty price. From here on it changed hands many a times and reached Russia.
Another account suggests that the diamond belonged to the Mughals and Nadir Shah from Persia had looted it. Years later it finally came in the hands of an American merchant Safras, who supposedly killed his brothers to own this diamond. He then moved to Amsterdam as a jewel merchant and sold it to Grigori Grigorievich Orlov, who wanted to persuade Catherine the Great, Empress of Russia for marriage. However, the Empress did not marry Orlov as she had fallen out of love but accepted his gift. She then finally set the Orlov diamond in The Imperial Sceptre and presently it is displayed as a part of the Russian Crown Jewels in Moscow.
 
THE ORLOV SET IN THE ROYAL SCEPTRE
THE REGENT: 140.50 cts.
The story of the Regent begins from the Golconda mines in Andhra Pradesh. During the rise of the British empire in India one of the governor named, Thomas Pitt who had been appointed in Madras had keen interest in diamond trade. One of the English captain had sold the diamond to Pitt after illicitly acquiring it from a slave.
Alternative account suggests that Pitt bought the stone from a diamond merchant, Jamchand for a price of £ 20,000.  The diamond then weighed over 400 cts and was often even called the Pitt Diamond and it was cut in London over a period of two years. The final weight of the stone was 140.50 cts , and it was cut in a beautiful cushion shape. The most attractive feature of the stone was a sparkling blue tint.
Due to the possession of the diamond, Pitt had acquired many enemies. And in the desperation to save himself he tried selling it to the French royalty in the year 1714. The very next year Louis XV ascended the throne but was only 5 years old. The state of affairs was handled by, Philippe II, Duke of Orleans eho was appointed as the regent. The diamond was then bought by the regent and its name changed from Pitt to Regent. The Regent made its place in the Crown Jewels and it appeared in special occassions like weddings and coronation ceremonies. During the French Revolution the Regent was stolen and recovered in Paris after a year. Until the year 1799, when Napoleon Bonaparte came to power it was a part of public treasure. In the year 1802, the Regent was set in Napoleon’s sword.
The famous diamond passed through the hands of many kings and queens but finally came to Eugénie Maria in 1853, who was married to Charles Louis Napoleon III.
The Regent ultimately rested as a part of the French Crown Jewles in the Louvre Museum and is still there.
 
THE REGENT
These legendary diamonds might be quietly resting in museums today but their journeys have been extraordinary.

The Jewel Affair will let you soak in these marvellous stories and will be back soon to reveal the trail of a few more spectacular diamonds….



*Certain facts have been taken down from the book ‘ Great Diamonds of India’.